Monday August 1, 2011 : FINNISH MONOPOLY DELIVERS GOOD H1 RESULTS
Online players exceed 100 000 customers
Finland's state-run gambling monopoly Raha-automaattiyhditys (RAY) announced its half year 2011 results, for the period ending June 30 2011, reflecting a 10.5 percent increase in profit compared to the same period last year.
Profits from the company's online gaming operations, launched in November 2010 and powered by Playtech, were "a little under" Euro 14 million with a target of Euro 28 million set for the full year.
The company reports the number of registered online players exceeded 100 000 customers in June 2011.
"The players have received our new game ideas very well", said Janne Peräkylä, Deputy Managing Director, RAY.